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The Co-op bucks the trend by cutting mortgage rates again

14th December 2011 Print

The Co-operative Bank is re-launching its fixed rate mortgage range this Friday (December 16), seeing rates cut by as much as 0.6% (60 basis points).

In addition to offering market leading rates, the range also includes various options for those buying a home for the first time or looking to re-mortgage. Fixed rate products range from 75% to 90% LTV and there are also fee free options available to customers.

James Hillon, Head of Mortgages at The Co-operative Bank comments, "With the Eurozone crisis seeing a wave of lenders pushing up mortgage rates we're committed to bucking this trend and encouraging movement in the housing market. In addition to lowering our rates again, we're also supporting both new and existing homeowners through the varied LTV and fee free options across our product range."